'More Sensitive To Fear Than Gold': Community Reacts To Bitcoin's Nosedive To $59K

As Bitcoin struggles to climb back to its all-time high of $73,000, some people are discussing the digital asset's weak points. (Credit: Marco Verch Professional/flickr.com)

KEY POINTS

• Bitcoin slumped to $59,086 at one point on Monday
• One X user pointed to BTC's volatility and price reactions to conflict
• 'Hodlers' are trying to steady the rocking boat by calling the dip a buy opportunity

Bitcoin has crashed below the $60,000-line – $13,000 far from its glory days in mid-March – and the X community has had mixed reactions to the volatility of the world's largest decentralized digital asset by market value.